It’s billed as Hollywood’s biggest party, and many people think of the Golden Globe Awards show as just another way that Tinseltown’s collective ego gets a good stroking.

But, contrary to what is likely popular belief, Hollywood does have a heart — sometimes. And the Hollywood Foreign Press Association annually proves it when they give some of the money they earn from putting on the Golden Globe Awards to film schools and other non-profit groups.

On Tuesday, the HFPA said it is giving away 1.249 million to 29 schools and other groups, adding to the roughly $10.5 million it has given away over the past 15 years.